SBI AG

Berliner Strasse 14
91717Wassertrüdingen
Bavaria / Germany

https://sbi24.de

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Oceanview Claims

  • 8 March 2020
  • 463 Views

94 Claims, 1521 Hectares, 5 km of Strike length

Up to 3% Cobalt and 3% Bismuth plus Cu-Pb-Zn-Ag-Sn

The Copper Lake-Oceanview claims in Cape Breton, Nova Scotia, are 100% owned by 3302051 Nova Scotia Limited, which is 100% owned by Perry MacKinnon. The property consists of four licences, 51188, 51189, 52127 and 52181, which contain a total of 94 claims.

Access is very good throughout the property via a network of good quality forestry roads. Much of the area has been recently deforested. The claims are 75% on Provincial Crown Property, 25% on private property.

Approximately 50 diamond drill holes (90 metres maximum vertical depth) have tested the area, spanning over 5 kilometres, most on the Copper Lake (French Road) showing, as well as the Oceanview showing. Exploration focussed on copper mineralization, which occurs in association with cobalt, bismuth, zinc, arsenic, lead, tin and silver in a (polymetallic) skarn. Enclosing the skarn are a variety of siltstones, shale and mudstone, bounded to the east by Precambrian volcanics, similar to those hosting the Stirling VMS deposit, some 28 kilometres to the southwest. The Deep Cove molybdenum deposit, approximately 5 kilometres to the east, is hosted by a felsic intrusive within the volcanics.